IPA was calling for up to $1,000 million of investment in the five ports. Developers were to be offered 10-year concessions to operate the facilities, which require extensive rehabilitation.
However, the removal from office of the former IPA director-general Abdul Razzaq Kateh Hassan, who was replaced in February by Mahmoud Saleh, is understood to have influenced the decision to cancel the tender.
IPA failed to clarify the status of port management contracts already awarded by the Coalition Provisional Authority for Umm Qasr and Khor al-Zubair (MEED 20:2:04).
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